Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
On 19 June 2014, the Prudential Regulation Authority
("PRA") published a revised version of its Approach to
Banking Supervision. The PRA published the first version in April
2013 when it began to prudentially regulate banks and certain
investment firms. The revised version incorporates new rules,
objectives and approach of the PRA, including its Fundamental Rules
(which replace the Principles of Business), the resolvability
regime, powers to address failings in culture and amendments to the
liquidity assets requirements.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
